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Trickle-up economics?
by vadansky 7y ago
Trickle-up economics?
- nickthemagicman 7y agoAlso known as: Supply side vs demand side economics. But essentially yes trickle up.
- ncmncm 7y agoYes. The latter works, the former further enriches the rich. Guess which they like better.
- SideburnsOfDoom 7y agoIt's well known that the trickle-down theory is utter codswallop. The marginal propensity to spend, and spend locally, is higher among the very poor. But I suppose it's always good to get some quantitative confirmation.